2-bed · 1,862 sqftOceanic Tower, Dubai Marina · 7th floor

704, Oceanic Tower

Sold prices and rental history: sold 3 times, last in January 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 19 January 2026
Last soldAED 1.34M22 January 2014
Current rentAED 156K /yr19 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Oceanic Tower

What is 704 worth today?

Last sold for AED 1,337,500 in 2014

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19 Jan 2026RentedRenewal
AED 156,000/yr12 months · AED 84 per sqft
19 Jan 2025RentedNew contract
AED 150,000/yr12 months · AED 81 per sqft
19 Jan 2025RentedNew contract
AED 150,000/yr12 months · AED 81 per sqft
10 Dec 2024RentedNew contract
AED 192,000/yr12 months · AED 103 per sqft
10 Dec 2024RentedNew contract
AED 192,000/yr12 months · AED 103 per sqft
25 Jun 2024RentedRenewal
AED 126,000/yr4 months · AED 68 per sqft
25 Jun 2024RentedRenewal
AED 126,000/yr4 months · AED 68 per sqft
25 Jun 2023RentedRenewal
AED 120,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 19 January 2026.

Key facts

Type
2-bed apartment
Size
1,862 sqft
Floor
7th of 32
Parking
235
Developer
Trident International Holding
Service charge
AED 39,100 /yr
Last sold
AED 1.34M · January 2014

About 704, Oceanic Tower

704 is a two-bedroom apartment of 1,862 sqft on the 7th floor of Oceanic Tower, a 32-storey tower in Dubai Marina by Trident International Holding. It last sold on 22 January 2014 for AED 1,337,500, or AED 718 per sqft, 5% below the AED 752 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 18 Ejari contracts. The current contract, renewed on 19 January 2026, is AED 156,000 a year: a gross yield of 11.7% on the 2014 price, before the service charge of about AED 39,100 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical two-bed in Oceanic Tower
2M3M2009201420192024Typical sale price by year: 2009 AED 1,650,000; 2010 AED 1,945,000; 2011 AED 1,379,000; 2012 AED 1,416,000; 2013 AED 1,410,000; 2014 AED 2,725,000; 2015 AED 2,759,250; 2016 AED 2,000,000; 2017 AED 2,100,000; 2018 AED 2,200,000; 2021 AED 1,577,500; 2022 AED 1,975,000; 2023 AED 2,350,000; 2024 AED 2,425,000; 2025 AED 2,900,000; 2026 AED 2,782,500Sold by developer, October 2011: AED 1,354,000 (AED 727 per sqft)Sold, January 2012: AED 1,354,000 (AED 727 per sqft)Sold, January 2014: AED 1,337,500 (AED 718 per sqft)

704 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 704, each contractTypical two-bed in Oceanic Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 140,000; 2014 AED 155,000; 2015 AED 155,000; 2016 AED 159,779; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 122,000; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 115,000; 2023 AED 130,000; 2024 AED 150,000; 2025 AED 150,000; 2026 AED 150,000New contract, August 2013: AED 150,000 a yearNew contract, August 2014: AED 170,000 a yearNew contract, August 2015: AED 170,000 a yearNew contract, March 2016: AED 160,000 a yearNew contract, March 2017: AED 168,000 a yearRenewal, March 2018: AED 142,000 a yearRenewal, March 2019: AED 136,000 a yearNew contract, July 2020: AED 90,000 a yearNew contract, June 2021: AED 102,000 a yearRenewal, June 2022: AED 115,000 a yearRenewal, June 2023: AED 120,000 a yearRenewal, June 2024: AED 126,000 a yearRenewal, June 2024: AED 126,000 a yearNew contract, December 2024: AED 192,000 a yearNew contract, December 2024: AED 192,000 a yearNew contract, January 2025: AED 150,000 a yearNew contract, January 2025: AED 150,000 a yearRenewal, January 2026: AED 156,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Oceanic Tower, and where 704 sits

All 74 2-beds →

704 last sold in January 2014 at AED 718 per sqft, 5% below what two-beds in Oceanic Tower were fetching at the time (AED 752). Over the last 12 months two-beds sold for AED 2,575,000 to 3,400,000, around AED 1,470 per sqft, and rent for AED 80,000 to 195,000 a year. 704's AED 156,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20262,715,000
24 Aug 20262,650,000
29 Jul 20262,575,000
24 Feb 20262,950,000
7 2-bed sales in the last 12 months

Oceanic Tower

Building

122 apartments, 2-bed to 4-bed over 32 floors in Dubai Marina by Trident International Holding. 11 sold in the last 12 months.

Typical price per sqft
AED 1,490
Typical sale
AED 2.95M
Typical rent
AED 160K /yr
Typical yield
5.6%
Oceanic Tower, Dubai Marina: prices, sales and rents →

Other units on the 7th floor

All 122 units in Oceanic Tower
Value
7013-bedAED 3.8M · Nov 2023
7023-bedAED 3.7M · Dec 2023
7032-bedAED 250K · Jul 2024

704, Oceanic Tower in numbers

  • Sold 3 times: first on 26 October 2011 for AED 1,354,000, last on 22 January 2014 for AED 1,337,500 (AED 718 per sqft).
  • Rented since August 2013 on 18 Ejari contracts. The rent fell from AED 150,000 to AED 90,000 in 2020 and recovered to AED 156,000 by January 2026.
  • At AED 156,000 a year the gross yield on the 2014 price is 11.7%, before a service charge of about AED 39,100 a year (AED 21.01 per sqft).
  • Two-beds in Oceanic Tower sold for AED 2,575,000–3,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,490 per sqft.

Source: Dubai Land Department. Updated 19 January 2026.

Questions about 704, Oceanic Tower

What did unit 704 last sell for?

AED 1,337,500 on 22 January 2014: AED 718 per sqft for 1,862 sqft. The unit has 3 registered sales; the first was AED 1,354,000 in October 2011.

What is the rent for unit 704?

AED 156,000 a year on the contract renewed on 19 January 2026. The previous contract, from January 2025, was AED 150,000; the unit has been rented since August 2013.

How big is unit 704?

1,862 sqft (173.0 sqm): a two-bedroom apartment on the 7th floor of a 32-storey tower.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Oceanic Tower sold for AED 2,575,000 to 3,400,000 in the last 12 months, around AED 1,470 per sqft.

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Mortgage on 704, Oceanic Tower

Starts from the last sale price (AED 1.34M, 22 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,337,500
Deposit, UAE resident (20%)
AED 267,500
Deposit, non-resident (40%)
AED 535,000
Monthly over 25 years at 3.7%
AED 5,472

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →